John Anthony (from left to right), Wilmington Mayor J. Martin Orr and Jim Martell, CEO of Ridge Development, are seen during a groundbreaking ceremony Wednesday for a new Michelin's new distribution center in Wilmington.
Jim Martell, chief executive officer of Ridge Development Corp., said the company began developing RidgePort in 2005.
The property was annexed by Wilmington in 2010, and marketing began in earnest in 2012.
The location was ideal, Martell
said, as was the areas reputation.
Will County is on the map around the world, Martell
said, noting the success of the BNSF Logistics Park-Chicago in Elwood and the Union Pacific-Joliet Intermodal Terminal in Joliet.
said the 1,500-acre park will have the capacity to house up to 20 million square feet of building space.
The company plans to build another 1 million square foot spec building on-site soon, Martell